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Picaflor Ii Group
In this Group: Teresa, Eulalia, Rosmery, Joel Abraham, Rosa Nieves, Jenny Judith, Francisca, Modesta
The Picaflor 11 Community Bank is beginning its fifth loan cycle with Pro Mujer as part of the Villa Exaltación group. There are eight members and a board of directors. Sra. Rosmery is the secretary. The members have a variety of businesses such as selling cosmetics, a recycling business, selling vegetables, selling spare parts, shop selling various merchandise, growing vegetables, mechanic shop, and selling car parts.

The loan they are seeking will benefit these small-business owners like Sra. Rosmery. She joined Pro Mujer two years ago at the invitation of her sister-in-law who is also a member. Now Rosmery has a business selling clothing, a job she learned from her parents who ran a family business. Later she decided to start her own business.

The loan she is now seeking is to buy more clothing from the wholesale dealers in the town of El Alto, and then sell it on her own stall. The money she earns will allow her to better maintain her house where she lives with her husband and three children. When Rosmery is asked what she most likes about Pro Mujer, she replies that it is the training about loans.

In addition to the group members in the photo is the son of one of the members. He is next to the window wearing a white t-shirt.
View original language description ↓
La A.C. “PICAFLOR II” iniciará el quinto ciclo en Pro Mujer, como parte del Centro Focal de Villa Exaltación, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Rosmery es la Secretaria. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: Venta de cosméticos, empresa de reciclajes, venta de verduras, venta de repuestas, tienda de artículos varios, producción de verduras, talle r de mecánica, venta de repuestos de autos.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Rosmery es integrante, ella indica que hace dos años que integra Pro Mujer, ingresando por la invitación de su cuñada que es socia de la institución. En la actualidad ella tiene un negocio de venta de ropa; da a conocer que este negocio lo aprendió hace varios años de sus padres ya que el mismo fue un negocio familiar, posteriormente decide emprender su propio espacio de comercialización.

El crédito que ahora sacará es para el aumento de capital (compra de ropa) que adquirirá de las vendedoras mayoristas de la Ciudad de El Alto y posteriormente lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para mantener en lo posible a su hogar, ya que ella vive en concubinato y tiene dos hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta las capacitaciones en crédito que le ofrece la institución.

En la imagen acompaña al grupo el hijo de una socia,él esta al lado de la ventana con una polera blanca.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Bolivia

  • $5,500
    Average annual income
  • 180
    View loans »
    Bolivia Loans Fundraising
  • $30,854,225
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Picaflor Ii Group's $3,075 loan helped a member compra de ropa.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2013
Listed
Jan 17, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014